Question

Which of the following is an example of a taxation aspect in reinsurance?

a.

Stamp duties

b.

Dividend payments

c.

Claims processing fees

d.

Risk assessment charges

Answer: (a).Stamp duties Explanation:Stamp duties are calculated on various elements such as premium, commission, profit commission, losses, or other bases. They are a form of taxation related to reinsurance. The other options mentioned in the question are not directly related to taxation aspects in reinsurance. Dividend payments are profit distributions to shareholders, claims processing fees are associated with claims handling, and risk assessment charges pertain to evaluating risks.

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Q. Which of the following is an example of a taxation aspect in reinsurance?

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